We support our member states and provinces in their efforts to secure finance and investment to implement jurisdictional programs to build a New Forest Economy, one that protects intact forests, restores degraded lands, and promotes sustainable commodity production and livelihoods. From REDD+ to supply chain partnerships and domestic budget reform, we help create the conditions for long-term, scalable impact.
Securing Funding
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Identifying budget gaps and bottlenecks
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Mapping solutions to challenges
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Providing targeted support to increase financial flows from:
• Public and private funding opportunities
• Domestic finance reform
• Investment partnerships with supply chain actors
• Jurisdictional REDD+ standards
• Compliance markets
Funding Criteria
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Innovative
Funding should encourage innovative approaches including bioeconomy models and circular economy practices.
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Flexible
Funding should be adaptable to changing market demands and environmental conditions.
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Long-term Impact
Funding should ensure durability and resilience of projects to deliver long-term benefits.
New Forest Economy
At our 12th Annual Meeting in 2022, the Governors’ Climate and Forests Task Force (GCF Task Force) released the Manaus Action Plan for a New Forest Economy (MAP) in which we called for partners to co-design innovative funding mechanisms for a long-term economic transformation in tropical jurisdictions. Building a New Forest Economy is one of the most important challenges of our time. This is critical for the climate. It is critical for biodiversity. And it is critical for the livelihoods and economic security of billions of people all over the world. Without a New Forest Economy—one that protects intact forests, restores degraded lands, and creates jobs and economic opportunities for the millions of people who live in these forests—the world’s tropical forests will not survive and entire regions will face ecological collapse.
We have continued to advance in this co-creation process and welcome you to check out our New Forest Economy page. Join us as we build a New Forest Economy!
Window B of Norway’s Pledge to the Governors’ Climate and Forests Task Force
Encouraging innovative approaches to achieve transformation in forested landscapes.
Window B (Innovation Funding Window) of the Norway Pledge supported strategic jurisdictional initiatives that aimed to rapidly scale deforestation reduction efforts in our member states and provinces. Approximately USD 5 million was administered through Window B through a competitive selection process of interventions identified in the jurisdictional strategies and investment plans completed under Window A.
The United Nations Development Programme (UNDP) administers and manages the Jurisdictional Strategies and Investment Plans (Window A) and Innovation Funding (Window B) through their Climate and Forests Team in Geneva, in close collaboration with the GCF Task Force Secretariat, Country Coordinators, and civil society partners in each member state or province.
Learn more about the GCF Task Force Innovation Funding initiatives
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Regional Proposal, Brazil
The Brazil Regional proposal aims to support states in the Brazil Legal Amazon to access results-based financing opportunities using the ART/TREES standard, specifically in response to the recently launched $1bn public-private financing mechanism known as the Lowering Emissions by Accelerating Forest Finance (LEAF) Coalition. “The Window B is an essential tool for states to meet…
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West Kalimantan, Indonesia
From 2013 – 2018, West Kalimantan reduced deforestation by as much as 64% and now the Province is struggling to reduce emissions further, although it remains above the Ministry of Environment and Forestry’s benchmark for the jurisdiction. The Window B activities will test a multi-layered approach to implementing the provincial REDD+ strategy through creating a…
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Pará, Brazil
Under the state-level Amazônia Agora strategy, Pará sets a goal of contributing 6.6% of Brazil’s Nationally-Determined Contribution by 2025 and 9% by 2030, while also becoming a carbon-neutral territory by 2036 in terms of land-use and forest-based emissions. Window B aims to address one of the biggest drivers of deforestation in the state – cattle…
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Pastaza, Ecuador
Pastaza developed one of the most innovative implementing partnerships under Window A, through an alliance with the seven indigenous nationalities (Achuar, Shuar, Shiwiar, Sapara, Waorani, Kichwa y Andwa) who occupy 93% of the province’s territory. Pastaza is a high-forest, low-deforestation region in the Ecuadorian Amazon, and the development and implementation of its REDD+ implementation plan…
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Yucatán, Mexico
The national government has recognised the importance of Yucatán in forest conservation and carbon stocks, though the drivers of agricultural production have continued to an annual loss of 22,647 hectares (representing 1,360,080 tons of CO2 equivalent), which is a significant ecological, economic and social loss. Window B focuses on one of the most important reserves,…
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Jalisco, Mexico
Cattle production is a major driver of deforestation in the Mexican state of Jalisco. Between 2000 – 2015, the state lost 232,403 hectares of forest to the expansion of grazing. It is also an important driver of the economy – the state has the largest production in the country (almost 13% of the national total)…